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2001 - Orono Senior Housing L.L.C.- PUD #2B agreement
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2001 - Orono Senior Housing L.L.C.- PUD #2B agreement
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Last modified
8/22/2023 4:55:35 PM
Creation date
1/10/2020 10:39:46 AM
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x Address Old
House Number
2040
Street Name
Wayzata
Street Type
Boulevard
Street Direction
West
Address
2040 Wayzata Boulevard West
Document Type
Land Use
PIN
3411823210036
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Fee Schedule and fu><ther agrees to completely reimburse the City for all the variable <br /> additional expenses it incurs in regard to the review and approval of the Improvements <br /> including, but not lirltited to, direct City payroll and overhead, costs, and fees paid to <br /> consultants and other Professionals,which are not covered by City application fees. <br /> •. , .1 •• - ance of all privately <br /> owned Improvementsi including roads, sidewalks, and storm sewers, regardless whether <br /> easements for such improvements have been granted to the City. Developer shall <br /> permanently maintain!site lighting, signage and landscaping consistent with the approved <br /> Plans for said improvements. Upon satisfactory completion of construction of sewer and <br /> water mains on the sitke,Developer shall transfer ownership of said main lines to the City, <br /> and the City shall henceforth maintain said sewer and water mains. Developer shall be <br /> • <br /> - .. - -• .. .- : ., . -. . ., • :. t - - \1- _. . - ..._ - • - - .•a - .---the appearance and design of the building are maintained per the approved building and <br /> construction plan, and shall be responsible for ensuring that the site amenities and features -- <br /> as shown on the approved site plan are maintained per said plan. <br /> C. Senior)K9usrpg Duratiiot <br /> 15. City intent and Conditions for Senior Noucing Building_ It is the intent of the City of Orono <br /> that the Senior Housing Building be used for the purpose of senior rental housing for persons <br /> age 62 and older-furthje lungest prdctiLableeperiod of time,with rental priority given to area <br /> residents. In order to achieve this intent,the Developer agrees to the following conditions <br /> which are hereby established as part of this PUD Agreement: <br /> (a) In order to ma*imize the length of time that the City can exert control over the use <br /> of the Senior Housing for its intended purpose, the City intends to purchase Lot 2, <br /> Block I,Oronb Woods Addition from the Developer prior to the commencement of <br /> currati uction for the Suut of $1.00 (one dollar) and other you <br /> considerations,The City will then lease said Lot 2 to the Developer/Building Owner <br /> for a period of ninety-nine (99) years, at an annual rent of$1.00. The lease shall <br /> include the following general terms: <br /> 1) The lease shall be written to prohibit rental to other than seniors during the <br /> term of the lease. <br /> Devrloprr Initial <br /> City Clerk Initial .per.,,/ <br /> Page 8 of 17 <br />
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